South-Eastern Asia coal, gas and power: 2015 in review and what to look for in 2016
Regional governments were actively making plans in the energy sector in 2015. There were revisions to the oil and gas laws in Indonesia, full market liberalisation in Thailand, renationalisation of upstream assets in Vietnam and developing plans to establish a secondary natural gas trading market in Singapore. For many markets, 2016 will be a big year. Numerous major power projects are due to commence construction. In particular, Indonesia will be looking to make progress on its massive 35 GW programme. Regional governments' weak COP21 commitments suggest coal will continue to play the major role in new capacity build. In terms of LNG, we'll be watching for potential further delays to Singapore's second aggregator announcement in addition to progress on new regasification terminals in Indonesia.